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Journal Article

Household secured debt

Authors

Publication date

2004

Abstract

Deteriorating household sector balance sheets were widely thought to have exacerbated the recession in the early 1990s, in recent years households have once more significantly increased their indebtedness; this has been matched in aggregate by an accumulation of financial assets. This article analyses homeowners' financial positions since the late 1980s using disaggregated data, to assess the extent to which debt may exert an important influence on the macroeconomy in the current conjuncture.

Published in

Bank of England Quarterly Bulletin

Volume

44 (3):291-301

ISSN

16

Links

http://serlib0.essex.ac.uk/record=b1595369

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*

#508003


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